OPC used cars - haggling discounts

[pilchardthecat]

What sort of haggle movement should one expect from an OPC used vehicle?

I'm waiting for suitable cars to enter my price range, so i'm trying to establish a basic rule of thumb.

[mrdemon]

If they have only had the car a week , not much, if it,s 90 days old 5k
I have been watching Aston prices and they have just dropped a lot of cars 3k so i doubt they will take offers on them now.

You have to keep your eye in as dealers will drop the price after 30 days anyway.

[T2R31]

I've been working hard on OPC haggling very recently...

General rule of thumb, 10% for cars around the £30k mark.....a little more when you reach the £45k mark.

Plenty of negotiating to be had at the moment!!

Good luck!

[Captain James T]

I managed to negotiate £65,000.00 from my OPC for my 997 GTS and they then put it up at £69,999.00, so I don't think they're working on huge margins. It's sold now so hope the new owner is looking after it for me! 991 is on the way shortly

[AndyBrew]

I think you have to watch the prices closely, we were looking at a black boxster last year which was up at £41,950 and £500 was the most we could negotiate off we decided to keep looking for a month and the price dropped to £40,950 this was about the time my daughters wedding came along so we went off to Mexico for 2 weeks and while we were there I noticed the price dropped to £39,950 on our return dropped again to £38,950 we decided to revisit the car after a few weeks and the car had been sold, probably for £3000 less than the price we considered buying at!

We ended up buying a brand new one from the same dealer, go figure LOL!

[spareparts]

Captain James T said:

I managed to negotiate £65,000.00 from my OPC for my 997 GTS and they then put it up at £69,999.00, so I don't think they're working on huge margins. It's sold now so hope the new owner is looking after it for me! 991 is on the way shortly

Well done What spec?

[pilchardthecat]

T2R31 said:

I've been working hard on OPC haggling very recently...

General rule of thumb, 10% for cars around the £30k mark.....a little more when you reach the £45k mark.

Plenty of negotiating to be had at the moment!!

Good luck!

So something with a sticker price of £45k should be looking at just under/around £40k?

[Phooey]

There is NO general rule of thumb. All cars have a margin, but if priced correctly, and relatively new stock, sought after spec etc, then why should the OPC reduce them?

By all means make an offer, but don't get offended if the dealer say's no.

[Globs]

Phooey said:

There is NO general rule of thumb. All cars have a margin, but if priced correctly, and relatively new stock, sought after spec etc, then why should the OPC reduce them?

To sell it?

Phooey said:

By all means make an offer, but don't get offended if the dealer say's no.

Good to know we have the go ahead to make offers , can't spot any offended people tbh.

It's a buyers market right now, not going to be a sellers market again for some time...

[Thom987]

Surely the 991 will be a sellers market?

[Globs]

Thom987 said:

Surely the 991 will be a sellers market?

Perhaps for a while, until the euro finally goes bang and the recession sets in for keeps..

[pilchardthecat]

I'm quite robust enough to cope with rejection from car dealers

My position is that i have an arbitrary figure that i'm prepared to spend, and am waiting for cars to fall into my "zone". I know some dealers of other marques always advertise high / price in the discounts, but i have no experience of Porsche dealers (beyone being completely ignored by one in a showroom a few years ago).

[worldwidewebs]

This is making interesting reading I've decided that once Spyders are sub 30k I'm going to strike - given there are a few around mid 30s now I don't think it'll be long before I start to go in with some cheeky offers - although I am notoriously bad at negotiating. Anyone fancy haggling on my behalf for in exchange for a nice meal and a few drinks?

[Phooey]

Globs said:

Phooey said:

There is NO general rule of thumb. All cars have a margin, but if priced correctly, and relatively new stock, sought after spec etc, then why should the OPC reduce them?

To sell it? You've missed the point - you'll find if the car meets the above criteria, they won't *need* to reduce it to sell. I can imagine good, sought after stock is hard to find. Fair enough if it's sat on their books for 90 days and numerous A.Nother OPC's have similar cars cheaper.... then YES, deal to be done!

Phooey said:

By all means make an offer, but don't get offended if the dealer say's no.

can't spot any offended people tbh. you'd be surprised

It's a buyers market right now, not going to be a sellers market again for some time... It's all relative though isn't it. The OPC's will just buy in stock cheaper/be more picky, and sell cheaper. The right stock will still sell credit crunch or not.

[DiscoColin]

To be honest I find that car dealers at the moment are extremely reluctant to move from their asking price - even if they have been sitting on the car for a while. The one I have just bought from an OPC was a matter of waiting until they reduced it to the price that I was looking to pay and negotiate around what else you can get at that number to make the deal (a years tax {over £400}, a full tank of fuel and an early service were all part of the deal, which was at an already decent price).

The worse case of dealers being stubborn with pricing that I have encountered was also recently - that was when I was looking to acquire a BMW from a non-BMW franchised dealer as an interim car. The car was priced at what to me was a franchised main dealer price (and they reckoned that they had already reduced the price and were into a loss despite still being thousands over the trade in book price). I bid them £1k less (they were offering 3 months warranty rather than the full year with recovery and so on that main dealers put on cars so I don't view that as unduly cheeky) and they said that they couldn't do that, but would have to talk to their sales manager on the following Monday and give me a call. No call arrived, but only a week and a half later they cut the price to slightly less than I had bid them. But then there were better options in the market by then and I had turned my attention elsewhere thus I didn't return to it. I think that they actually went down again before they moved it a few weeks later too (no idea whether it went to a buyer or was traded out).

Edited by DiscoColin on Saturday 17th December 17:44

[darreni]

Some dealers just can't see the car go at a loss, even though sitting on it for another 6 months is only going to make the loss increase.
Fine if you are shifting exotics (F40's, older RS's etc), but for mass produced gear losing £1k+ a month in the trade, it seems madness not to cut a deal early on.

[Thom987]

worldwidewebs said:

This is making interesting reading I've decided that once Spyders are sub 30k I'm going to strike - given there are a few around mid 30s now I don't think it'll be long before I start to go in with some cheeky offers - although I am notoriously bad at negotiating. Anyone fancy haggling on my behalf for in exchange for a nice meal and a few drinks?

There already was a sub £30k Spyder, mentioned on another thread. Though it had 31k miles.

[g7jhp]

darreni said:

Some dealers just can't see the car go at a loss, even though sitting on it for another 6 months is only going to make the loss increase.
Fine if you are shifting exotics (F40's, older RS's etc), but for mass produced gear losing £1k+ a month in the trade, it seems madness not to cut a deal early on.

Where can I find out how much cars are losing each month (in the trade)?

[Globs]

g7jhp said:

Where can I find out how much cars are losing each month (in the trade)?

Once you do that you also have to add the cost of their (dead) money sitting in the car.
I.e. the car is only an investment for them when it sells.

[g7jhp]

Globs said:

g7jhp said:

Where can I find out how much cars are losing each month (in the trade)?

Once you do that you also have to add the cost of their (dead) money sitting in the car.
I.e. the car is only an investment for them when it sells.

Yep, but is there a base guide I can look up somewhere?